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Identifying structural and cyclical shocks across U.S. regions

Author

Listed:
  • David Andolfatto
  • Constanza S. Liborio

Abstract

It is not clear how monetary policy might be used to reduce local unemployment rates where recruiting intensity is high but the right kind of worker is hard to find.

Suggested Citation

  • David Andolfatto & Constanza S. Liborio, 2012. "Identifying structural and cyclical shocks across U.S. regions," Economic Synopses, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:fedles:y:2012:n:5
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    File URL: http://research.stlouisfed.org/publications/es/12/ES_2012-02-17.pdf
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